Straits Residences
Straits Residences is a freehold condominium in District 15 (Joo Chiat, Amber Road, Katong), within Singapore's Rest of Central Region (RCR). Completed in 2013, the development comprises 30 units. Sale and rental figures on this page are compiled from URA transaction records.
Overview & Key Facts
STRAITS RESIDENCES is a freehold condominium at JOO CHIAT PLACE in District 15 (RCR), developed by ROXY LAND PTE LTD, comprising 30 units, completed in 2013.
Location & Connectivity
STRAITS RESIDENCES is approximately 710m from Eunos MRT station, with 6 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Eunos | East-West Line | 710m |
| Marine Parade | Thomson-East Coast Line | 1.2 km |
| Kembangan | East-West Line | 1.2 km |
| Marine Terrace | Thomson-East Coast Line | 1.3 km |
| Paya Lebar | East-West Line | 1.3 km |
| Paya Lebar | Circle Line | 1.3 km |
Schools & Education
13 schools within 2 km (8 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Canossa Catholic Primary School | Primary | 510m |
| Tanjong Katong Girls' School | Secondary | 670m |
| Canadian International School (Tanjong Katong) | International | 730m |
| Broadrick Secondary School | Secondary | 770m |
| EtonHouse International School (Broadrick) | International | 770m |
| Tao Nan School | Primary | 980m |
| Telok Kurau Primary School | Primary | 990m |
| CHIJ (Katong) Primary | Primary | 1 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 3 | $1,634 psf | $650,333 |
| 1 BR | 3 | $1,540 psf | $805,333 |
| 2 BR | 1 | $1,376 psf | $1,200,000 |
Market Position
STRAITS RESIDENCES has recorded 7 sales at an average price of $795,286.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at STRAITS RESIDENCES typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 1 BR | $2,397/mo | $805,333 | 3.57% | $298/mo |
| 2 BR | $2,717/mo | $1,200,000 | 2.72% | $226/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,353 psf | — |
| 2022 | 3 | $1,475 psf | ↑ 9.1% |
| 2023 | 2 | $1,633 psf | ↑ 10.7% |
| 2024 | 1 | $1,852 psf | ↑ 13.4% |
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The latest reading marks the highest point in this series — STRAITS RESIDENCES prices have climbed 36.9% since 2021.
Price Index Check
The ShiokNest Price Index for District 15 reads 110.5 as of June 2026 — down 9.3% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 913 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 783 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 645 |
| AMBER PARK | Freehold | $2,549 psf | 397 |
What Could Work Against You
- With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 30-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
The profile fits car-owning households, international school families, yield-focused investors and long-term hold (10+ yr) best. At ~709m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
empty nesters / downsizers should treat this as a shortlist candidate, not a default choice.
resort facilities should probably look elsewhere. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
STRAITS RESIDENCES is a freehold development in District 15 (RCR), with 30 units, offering a gross yield of 3.9%.
Explore the full STRAITS RESIDENCES dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing STRAITS RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:
- Geylang — 4-room average $761,443 (530m away), an upgrader gap of about $50,000
- Marine Parade — 4-room average $648,065 (1.1 km away), an upgrader gap of about $150,000
- Bedok — 4-room average $659,895 (1.3 km away), an upgrader gap of about $150,000
FAQ
What is the average PSF for STRAITS RESIDENCES?
Is STRAITS RESIDENCES freehold?
What is the rental yield for STRAITS RESIDENCES?
Which MRT is nearest to STRAITS RESIDENCES?
Sources & Next Steps
- STRAITS RESIDENCES Dashboard — Live charts and analytics
- URA — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 7 transactions
- Rental data: 46 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Dec 2024 · 7 records analysed · Source: URA private-sale caveats